Score
Allianz Market
Dominic|2-5 years| https://allianzmarket.biz/en
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
allianzmarket.biz
Server Location
United States
Website Domain Name
allianzmarket.biz
Server IP
172.67.130.128
Company Summary
Note: Allianz Market's official website - https://allianzmarket.biz/en is currently inaccessible normally.
| Allianz Market Review Summary | |
| Founded | 2020 |
| Registered Country/Region | Dominic |
| Regulation | Unregulated |
| Market Instruments | Commodities, Indices, Shares, ETFs, Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | 1:500 |
| Trading Platform | MT5 and Web |
| Min Deposit | $250 |
| Customer Support | Tel: 48221531389 |
| Email: support@allianzmarket.com | |
| Facebook: https://www.facebook.com/Allianz-Market-Plataforma-de-Trading-106816214840770; https://www.facebook.com/Allianz-Market-113101080872295 | |
| Instagram: https://www.instagram.com/ftmarketsglobal/ | |
| Physical address: 8 Copthall, Roseau Valley 00152, The Commonwealth of Dominica | |
Registered in Dominica in 2020, Allianz Market serves as a financial brokerage firm offering a variety of trading products, such as Commodities, Indices, Shares, ETFs, and Cryptocurrencies. The company provides comprehensive customer support and leverage up to 1:500. However, it lacks regulation from any financial authorities, which may raise concerns about the safety of client funds.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | Unavailable website |
| MT5 trading platform | No regulation |
| Popular payment options | No demo accounts |
| Comprehensive contact channels | High minimum deposit ($250) |
| Withdrawal fee charged |
Is Allianz Market Legit?
No, Allianz market operates without regulation, as the broker is based in Dominica, where there is no oversight of its foreign exchange market. This lack of regulation has made Dominica a breeding ground for various scams. Trading with this broker involves extremely high risks and offers no protection to traders.
What Can I Trade on Allianz Market?
Allianz Market provides trading opportunities in a wide range of Commodities (such as precious metals and energies), Indices, Shares, ETFs, and Cryptocurrencies.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ✔ |
| Forex | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Leverage
On one page, Allianz Market claims to offer leverage up to 1:500, while on another presentation, it states that the leverage is 1:400. Regardless of which figure is accurate, both represent high levels of leverage that pose significant risks to retail investors. In addition, the fact that they are unregulated and lack any credibility exacerbates these risks.
Trading Platform
Allianz Market claims to offer both MetaTrader5 and an “advanced” web-based platform. However, in reality, these platforms appear to be quite basic, inexpensive, and unreliable.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web Trading Platform | ✔ | Web | / |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
- Allianz Market states that it accepts payments via credit cards such as VISA and MasterCard, Bitcoin, and wire transfers.
- However, withdrawing funds from Allianz Market is complicated and costly. For instance, if you receive a bonus of only $1,000, you must trade a minimum of $10 million, which is absolutely ridiculous. For more details, please refer to the attached image.
- In addition, Allianz Market promises zero deposit and withdrawal fees, but in reality, if your trading volume is insufficient, they will charge you a fee of€50. Furthermore, if for any reason Allianz Market decides to “investigate” your account, all your withdrawal requests will be suspended.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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